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Guide Price
£569,000


SUBMIT OFFERS BY

02 May 2025, 12pm

Description

  • Status: Available
  • Type: Commercial
  • Ownership: Freehold
  • Occupation: Tenanted

TENANTED INVESTMENT**Substantial town centre retail parade with frontage onto Fore Street & Aylmer Square. Occupiers include H Samuel, Specsavers and Argos together with Boots & WHSmith Income £81,952

47/49 Aylmer Square - Argos Term; 10 years from 08/2018 Rent: £49,000 per annum 37 Fore Street - H. Samuel Term: 5 years from 04/2023 Rent: £14,100

39 Fore Street -Specsavers Term: 10 years from 9/2016 Rent: £18,850 1 Aylmer Square -WHSmith Term: 99 years from 9/1980 until 9/2079 Rent £1 29&31 Fore Street -Boots 999 years from 11/2011 Rent £1

The property has been calculated to extend to the following internal area Floor Areas: Total: 1,160.30 sq m (12,483 sq ft) Over Basement, Ground and First floor areas

IDEAL TOWN CENTRE LOCATION Nearby occupiers include Sports Direct, GAME, Iceland, Poundland, Vodafone, EE and The White River Place Shopping Centre

TENANTED INVESTMENT**Substantial town centre retail parade with frontage onto Fore Street & Aylmer Square. Occupiers include H Samuel, Specsavers and Argos together with Boots & WHSmith Income £81,952 47/49 Aylmer Square - Argos Term; 10 years from 08/2018 Rent: £49,000 per annum 37 Fore Street - H. Samuel Term: 5 years from 04/2023 Rent: £14,100 39 Fore Street -Specsavers Term: 10 years from 9/2016 Rent: £18,850 1 Aylmer Square -WHSmith Term: 99 years from 9/1980 until 9/2079 Rent £1 29&31 Fore Street -Boots 999 years from 11/2011 Rent £1 The property has been calculated to extend to the following internal area Floor Areas: Total: 1,160.30 sq m (12,483 sq ft) Over Basement, Ground and First floor areas IDEAL TOWN CENTRE LOCATION Nearby occupiers include Sports Direct, GAME, Iceland, Poundland, Vodafone, EE and The White River Place Shopping Centre

Fore Street/ Aylmer Square is the main shopping and commercial street in St. Austell, Cornwall. It serves as the heart of the town, offering a mix of retail stores, cafés, restaurants, and essential services. The street is a popular destination for both locals and visitors, thanks to its historic charm and central location. The street features a mix of local independent shops and national chains. with nearby White River Place features high-street brands. With good transport links, a strong local economy, and beautiful surroundings, it’s an ideal location for both residents and businesses.

Full Address:  37-39 Fore St and 47-49 Aylmer Sq, St. Austell, Cornwall, PL25 5PY

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Map & Location

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Special Terms of Sale

  • Buyers Fee (?) 1% of Sale Price (Minimum of £3250 +vat)

Please use our PAYMENT CALCULATOR to confirm the necessary reservation deposit for this property if you are successful with an offer now or bid at auction.

Tenancy Details

Type of Agreement: Full Repairing & Insuring (FRI)
Length: 10 years
Rent: £81,952 per year / £6,829 per month
Yield: 16% (approx)
Tenant: Company
Notes: 47/49 Aylmer Square - Argos Term; 10 years from 08/2018 Rent: £49,000 per annum 37 Fore Street - H. Samuel Term: 5 years from 04/2023 Rent: £14,100 39 Fore Street -Specsavers Term: 10 years from 9/2016 Rent: £18,850 1 Aylmer Square -WHSmith Term: 99 years from 9/1980 until 9/2079 Rent £1 29&31 Fore Street -Boots 999 years from 11/2011 Rent £1

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Pricing Information & Bidding

Guide Price: £569,000


What is a Guide Price... Auction Guide Prices are displayed as an indication of each seller's approximate sale expectation. They are not necessarily figures which a property will sell for and may change prior to the auction.

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SPECIAL Terms of Sale

  • 10% Deposit
  • Buyers Fee = 1% of Sale Price (Minimum £3,250 + vat)
  • 4 Weeks Completion or Longer By Agreement
  • Contribution to Sellers Costs £2,750 for on time settlement

VIEW THE GENERAL TERMS OF SALE which are superseded by any special conditions detailed above.

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Please use our PAYMENT CALCULATOR to confirm the necessary reservation deposit for this property if you are successful with an offer now or bid at auction.

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Auction Details

Date & Time: 02 May 2025, 12pm
Type: Deadline for Offers

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